The decision was made by the supervisory board of the ADIF
in consultation with the Financial Market Supervisory Authority of Azerbaijan (FIMSA) and the Central Bank of Azerbaijan.
Azad Javadov, head of ADIF
, said, 'To date, ADIF
has paid nearly AZN93 million to the three banks, where insured events occurred.
According to the message, the remaining 34 per cent (1.97 billion manats) out of the total volume of individuals' deposits in ADIF
's member banks are uninsured.
16 December 2010 - Moody's yesterday placed the Aa1 ratings of Spanish railway infrastructure operator Adif
, national institution for oil and natural gas reserves Cores and diversified holding company SEPI on review for possible downgrade.
Based on a nationwide fiber optics network that serves RENFE, Spain's national railway, ADIF
's telecomms infrastructure also serves the nation's railway stations, control points, signalling, data, and telephony and provides dark fiber services for the Spain's main telecom operators.
AV's budget is approved by the Spanish parliament.
In September 2016, ADIF
was appointed the bank's liquidator.
Using a top-down approach and our assessment of four factors under the strength of linkage and incentive to support by the ultimate owner the agency has aligned ADIF
's IDRs with those of Spain.
Under its Government Related Entities Criteria, Fitch considers ADIF
's owner, the Spanish government (A-/Stable/F1), has very high ability and willingness to provide support.
Azerbaijan Deposit Insurance Fund (ADIF
) has started payment of compensations to the last remaining uninsured depositors of Azerbaijan's Ganjabank OJSC, the ADIF
said in a message Feb.